Cyprus

EU CITIZENSHIP BY INVESTMENT

The Cyprus citizenship program offers the most simple and efficient means of obtaining EU citizenship, it is the only direct EU citizenship program as it has absolutely no residency requirement and citizenship is approved in just 3 months. Investors and their families can obtain full EU rights, including the ability to live and work in any EU country practically immediately!

TIME TO CITIZENSHIP

3 Months

VISA-FREE TRAVEL

173 Countries

RESIDENCY REQUIREMENT

None

DUAL CITIZENSHIP

Permitted

EXIT STRATEGY

3 Years

FAMILY

Spouse,dependents up to age 28 & parents of main investor

ELIGIBILITY

All Nationalities

TAX CONSEQUENCES

None

Global citizenship

Dual citizenship offers an effective tool for international tax planning and provides financial privacy for banking and investment. It improves personal security, enables freedom of movement and allows access to the best healthcare and education opportunities.

Investment criterion

Cyprus citizenship may be obtained through a secure property investment, the financial criterion is as follows: €2 Million investment in residential real estate (the investment can be in a single property or portfolio).

Parents of the main investor can be included in the application provided that they purchase a permanent residence property with a value of at least €500.000. this amount can be pooled in the main investment, if prefered.

Benefits of the program

Citizenship granted within three months

Passports issued within six months

No physical residency requirement

Passports issued to the investor, their spouse and dependent children up to age 28, provided they are in full-time education

Cyprus allows dual citizenship

All nationalities eligible

No language requirement, medical test or interview

Exit strategy after 3 years

Citizenship is passed on by descent, thus offering a legacy to future generations

No tax consequences, unless you opt to become tax resident in Cyprus

Pure investment, no donation require

Benefits of Cyprus EU citizenship

Unrestricted right to live, work, travel and study anywhere in the European Union

Visa-free travel to 173 countries

Free trade within EU, business access to 500 million EU citizens

Cyprus has no inheritance tax, has a highly favourable corporate tax structure and a comprehensive double tax treaty network

Cyprus offers a great place to visit/live, it enjoys a strategic geographical position, offers excellent worldwide connections, has excellent infrastruc ture,a pleasant climate and is highly stable

Establishment and free movement of services and goods

Conditions

The main investment may be sold after three years; however, the investor must always maintain/purchase a property with a value of at least €500,000

Property purchased up to 3 years prior to the submission of the citizenship application will count towards the required investment

Applicants must hold a clean criminal record from the country of origin and country of residence if different and their name must not be on the list of persons whose property is ordered to be frozen within the EU

Visa-free travel to 168 countries The freedom to live, work and travel anywhere in the EU EU member countries

• Austria

• Czech Republic

• Germany

• Latvia

• Poland

• Spain

• Belgium

• Denmark

• Greece

• Lithuania

• Portugal

• Sweden

• Bulgaria

• Estonia

• Hungary

• Luxembourg

• Romania

• United Kingdom

• Croatia

• Finland

• Ireland

• Malta

• Slovakia

• Cyprus

• France

• Italy

• Netherlands

• Slovenia

EU citizens also enjoy these rights in Iceland, Lichtenstein and Norway which participate in the Europe an Economic Area (EEA) and have some rights in Switzerland as well.

European Citizens have the right to attend schools/universities within any EU country for free or with reduced tuition rates, as applicable

European citizens have the right to protection by the diplomatic or consular authorities of any EU country in a third country (country outside the EU) where your home EU country is not represented by a consulate

European citizens can access the established first-class EU health care systems